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Invengo Technology announces new channel partner program ••• Stanley Healthcare unveils new Emergency Call products for senior communities ••• Nano Dimension debuts silver nanoparticle inks for printed electronics, including RFID ••• RFID market tops $10 billion in 2015, IDTechEx Research estimates ••• ThingMagic readers add support for Gen2v2 security functions ••• Global RFID blood-monitoring systems market to top $500 billion by 2022.
Global RFID Blood-Monitoring Systems Market to Top $500 Billion by 2022
The global RFID blood-monitoring systems market is expected to reach $511.5 million by 2022, according to a new report by Grand View Research Inc. Key growth factors attributing to its rapid growth, the research firm says, include increasing prevalence of chronic diseases, such as those of the heart, kidneys, lungs and liver, as well as other contagious and non-contagious diseases.
RFID is increasingly being used to identify, classify and track blood samples, and to automate data collection. The RFID tags are attached to blood samples to ensure easy and more accurate monitoring of the samples in hospitals, blood banks and diagnostic centers, Grand View Research explains. RFID tagging is an affordable and systematic inventory-management solution for such large-scale testing and storage of blood. Furthermore, increasing health-care expenditure, in addition to a rising demand for preliminary health-care checkups for early detection and diagnosis, are also expected to positively reinforce the market growth in the next seven years, the firm reports.
The full research report is available for purchase here.
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